A San Francisco-based law firm filed a federal lawsuit on behalf of two media organizations challenging a paid service that provides milliseconds-early access to posts on President Donald Trump's Truth Social platform.

The complaint, submitted August 12 in the U.S. District Court for the Southern District of New York, targets Truth API. Trump Media & Technology Group launched the service on August 1. It offers subscribers real-time feeds from the platform's ten most popular accounts, including the president's, for up to $100,000 per month or $60,000 per month with a three-year commitment.

Plaintiffs The Intercept and the Freedom of the Press Foundation argue the arrangement violates the First Amendment by restricting equal access to presidential announcements. They claim it creates an unconstitutional paywall for government information and allows Trump, the company's largest shareholder, to profit personally.

Trump Media described the product as a business-to-business data feed for organizations that value immediate, verified information. The company has more than ten subscribers and said the service meets demand from firms seeking faster data.

Critics, including some congressional Democrats, have raised concerns about market advantages for high-frequency traders. Trump Media responded that the lawsuit comes from left-wing activists seeking to censor the president.

The suit names Trump in his official capacity along with other White House officials but does not name Trump Media itself. It seeks to halt the paid feed and require equal access to announcements.

A separate lawsuit filed September 17 in Washington, D.C., by American Oversight and Campaign for Accountability raises similar claims. An amicus brief supporting the New York case was filed September 21 by former federal prosecutors.

Truth Social remains a primary outlet for Trump's official statements, many of which move markets on topics such as tariffs, trade policy, and national security.